EasyJet PLC (EZJ) - Net Assets
Based on the latest financial reports, EasyJet PLC (EZJ) has net assets worth GBX3.50 Billion GBX (≈ $425.61K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX11.51 Billion ≈ $1.40 Million USD) and total liabilities (GBX8.01 Billion ≈ $974.46K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check EasyJet PLC asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX3.50 Billion |
| % of Total Assets | 30.4% |
| Annual Growth Rate | 18.33% |
| 5-Year Change | 32.55% |
| 10-Year Change | 29.84% |
| Growth Volatility | 74.67 |
EasyJet PLC - Net Assets Trend (1998–2025)
This chart illustrates how EasyJet PLC's net assets have evolved over time, based on quarterly financial data. Also explore how large is EasyJet PLC's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for EasyJet PLC (1998–2025)
The table below shows the annual net assets of EasyJet PLC from 1998 to 2025. For live valuation and market cap data, see EZJ market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | GBX3.50 Billion ≈ $425.61K |
+17.66% |
| 2024-09-30 | GBX2.97 Billion ≈ $361.73K |
+6.67% |
| 2023-09-30 | GBX2.79 Billion ≈ $339.10K |
+10.03% |
| 2022-09-30 | GBX2.53 Billion ≈ $308.19K |
-4.02% |
| 2021-09-30 | GBX2.64 Billion ≈ $321.09K |
+38.97% |
| 2020-09-30 | GBX1.90 Billion ≈ $231.05K |
-36.38% |
| 2019-09-30 | GBX2.98 Billion ≈ $363.19K |
-7.67% |
| 2018-09-30 | GBX3.23 Billion ≈ $393.36K |
+15.38% |
| 2017-09-30 | GBX2.80 Billion ≈ $340.92K |
+4.01% |
| 2016-09-30 | GBX2.69 Billion ≈ $327.78K |
+19.79% |
| 2015-09-30 | GBX2.25 Billion ≈ $273.64K |
+3.55% |
| 2014-09-30 | GBX2.17 Billion ≈ $264.27K |
+7.68% |
| 2013-09-30 | GBX2.02 Billion ≈ $245.41K |
+12.43% |
| 2012-09-30 | GBX1.79 Billion ≈ $218.28K |
+5.22% |
| 2011-09-30 | GBX1.71 Billion ≈ $207.45K |
+13.59% |
| 2010-09-30 | GBX1.50 Billion ≈ $182.63K |
+14.82% |
| 2009-09-30 | GBX1.31 Billion ≈ $159.06K |
+2.28% |
| 2008-09-30 | GBX1.28 Billion ≈ $155.52K |
+10.92% |
| 2007-09-30 | GBX1.15 Billion ≈ $140.21K |
+17.24% |
| 2006-09-30 | GBX982.90 Million ≈ $119.59K |
+13.84% |
| 2005-09-30 | GBX863.40 Million ≈ $105.05K |
+9.37% |
| 2004-09-30 | GBX789.40 Million ≈ $96.05K |
+4.08% |
| 2003-09-30 | GBX758.46 Million ≈ $92.28K |
+4.23% |
| 2002-09-30 | GBX727.70 Million ≈ $88.54K |
+129.93% |
| 2001-09-30 | GBX316.49 Million ≈ $38.51K |
+381.60% |
| 2000-09-30 | GBX65.72 Million ≈ $8.00K |
+66.42% |
| 1999-09-30 | GBX39.49 Million ≈ $4.80K |
+6.17% |
| 1998-09-30 | GBX37.19 Million ≈ $4.53K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to EasyJet PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 107700000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.08 Billion | 30.79% |
| Common Stock | GBX207.00 Million | 5.92% |
| Other Comprehensive Income | GBX48.00 Million | 1.37% |
| Other Components | GBX2.17 Billion | 61.92% |
| Total Equity | GBX3.50 Billion | 100.00% |
EasyJet PLC Competitors by Market Cap
The table below lists competitors of EasyJet PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vardhman Acrylics Limited
NSE:VARDHACRLC
|
$32.48 Million |
|
RHYTHM Biosciences Ltd
AU:RHY
|
$32.49 Million |
|
Labiana Health S.A.
MC:LAB
|
$32.50 Million |
|
Impresa - Sociedade Gestora de Participações Sociais S.A
LS:IPR
|
$32.51 Million |
|
Far East Gold Ltd
AU:FEG
|
$32.46 Million |
|
Profoto Holding AB
ST:PRFO
|
$32.46 Million |
|
Mega Matrix Corp.
NYSE MKT:MPU
|
$32.46 Million |
|
Yao I Fabric Co Ltd
TWO:4430
|
$32.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EasyJet PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,973,000,000 to 3,498,000,000, a change of 525,000,000 (17.7%).
- Net income of 494,000,000 contributed positively to equity growth.
- Dividend payments of 91,000,000 reduced retained earnings.
- Share repurchases of 48,000,000 reduced equity.
- Other comprehensive income increased equity by 121,000,000.
- Other factors increased equity by 97,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX494.00 Million | +14.12% |
| Dividends Paid | GBX91.00 Million | -2.6% |
| Share Repurchases | GBX48.00 Million | -1.37% |
| Other Comprehensive Income | GBX121.00 Million | +3.46% |
| Other Changes | GBX97.00 Million | +2.77% |
| Total Change | GBX- | 17.66% |
Book Value vs Market Value Analysis
This analysis compares EasyJet PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 77.97x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7237.33x to 77.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-09-30 | GBX0.05 | GBX357.00 | x |
| 1999-09-30 | GBX0.05 | GBX357.00 | x |
| 2000-09-30 | GBX0.09 | GBX357.00 | x |
| 2001-09-30 | GBX0.42 | GBX357.00 | x |
| 2002-09-30 | GBX0.97 | GBX357.00 | x |
| 2003-09-30 | GBX1.01 | GBX357.00 | x |
| 2004-09-30 | GBX1.05 | GBX357.00 | x |
| 2005-09-30 | GBX1.15 | GBX357.00 | x |
| 2006-09-30 | GBX1.30 | GBX357.00 | x |
| 2007-09-30 | GBX1.53 | GBX357.00 | x |
| 2008-09-30 | GBX1.70 | GBX357.00 | x |
| 2009-09-30 | GBX1.73 | GBX357.00 | x |
| 2010-09-30 | GBX1.99 | GBX357.00 | x |
| 2011-09-30 | GBX2.26 | GBX357.00 | x |
| 2012-09-30 | GBX2.38 | GBX357.00 | x |
| 2013-09-30 | GBX2.68 | GBX357.00 | x |
| 2014-09-30 | GBX2.88 | GBX357.00 | x |
| 2015-09-30 | GBX2.98 | GBX357.00 | x |
| 2016-09-30 | GBX3.57 | GBX357.00 | x |
| 2017-09-30 | GBX3.72 | GBX357.00 | x |
| 2018-09-30 | GBX4.29 | GBX357.00 | x |
| 2019-09-30 | GBX3.96 | GBX357.00 | x |
| 2020-09-30 | GBX3.11 | GBX357.00 | x |
| 2021-09-30 | GBX3.50 | GBX357.00 | x |
| 2022-09-30 | GBX3.36 | GBX357.00 | x |
| 2023-09-30 | GBX3.68 | GBX357.00 | x |
| 2024-09-30 | GBX3.92 | GBX357.00 | x |
| 2025-09-30 | GBX4.58 | GBX357.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EasyJet PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.89%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 3.29x
- Recent ROE (14.12%) is above the historical average (7.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 15.80% | 7.63% | 0.50x | 4.18x | GBX2.16 Million |
| 1999 | 3.19% | 0.90% | 0.62x | 5.70x | GBX-2.69 Million |
| 2000 | 33.63% | 8.38% | 1.01x | 3.96x | GBX15.53 Million |
| 2001 | 11.98% | 10.62% | 0.70x | 1.61x | GBX6.26 Million |
| 2002 | 6.73% | 8.88% | 0.52x | 1.46x | GBX-23.76 Million |
| 2003 | 4.27% | 3.48% | 0.83x | 1.49x | GBX-43.44 Million |
| 2004 | 5.21% | 3.77% | 0.82x | 1.68x | GBX-37.84 Million |
| 2005 | 6.83% | 4.40% | 0.82x | 1.89x | GBX-27.34 Million |
| 2006 | 9.57% | 5.81% | 0.74x | 2.23x | GBX-4.19 Million |
| 2007 | 13.22% | 8.47% | 0.71x | 2.18x | GBX37.06 Million |
| 2008 | 6.51% | 3.52% | 0.76x | 2.43x | GBX-44.62 Million |
| 2009 | 5.45% | 2.67% | 0.73x | 2.81x | GBX-59.53 Million |
| 2010 | 8.06% | 4.07% | 0.74x | 2.67x | GBX-29.10 Million |
| 2011 | 13.20% | 6.52% | 0.77x | 2.62x | GBX54.50 Million |
| 2012 | 14.21% | 6.62% | 0.90x | 2.39x | GBX75.60 Million |
| 2013 | 19.73% | 9.35% | 0.97x | 2.19x | GBX196.30 Million |
| 2014 | 20.72% | 9.94% | 1.01x | 2.06x | GBX232.80 Million |
| 2015 | 24.37% | 11.69% | 0.97x | 2.15x | GBX323.10 Million |
| 2016 | 15.85% | 9.15% | 0.85x | 2.04x | GBX157.60 Million |
| 2017 | 10.89% | 6.04% | 0.85x | 2.13x | GBX24.80 Million |
| 2018 | 11.07% | 6.07% | 0.84x | 2.16x | GBX34.70 Million |
| 2019 | 11.69% | 5.47% | 0.78x | 2.73x | GBX50.50 Million |
| 2020 | -56.82% | -35.86% | 0.36x | 4.46x | GBX-1.27 Billion |
| 2021 | -32.51% | -58.85% | 0.15x | 3.70x | GBX-1.12 Billion |
| 2022 | -6.67% | -2.93% | 0.55x | 4.13x | GBX-422.30 Million |
| 2023 | 11.63% | 3.97% | 0.83x | 3.53x | GBX45.30 Million |
| 2024 | 15.20% | 4.86% | 0.84x | 3.71x | GBX154.70 Million |
| 2025 | 14.12% | 4.89% | 0.88x | 3.29x | GBX144.20 Million |
Industry Comparison
This section compares EasyJet PLC's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $317,100,000
- Average return on equity (ROE) among peers: 71.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EasyJet PLC (EZJ) | GBX3.50 Billion | 15.80% | 2.29x | $32.47 Million |
| Wizz Air Holdings PLC (WIZZ) | $317.10 Million | 71.21% | 29.39x | $11.41 Million |
About EasyJet PLC
easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the development of building projects; financing and insurance business; and tour operator activities, as well as provides holiday packages. It also offers heavy base maintenance and air transport services. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.